SES AI Corporation (SES)

SES AI Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Selling, General & Admin	39.41	47.48	51.61	16.49	4.46	4.78
Research & Development	58.63	30.68	27.97	15.51	9.44	10.51
Operating Expenses	98.03	78.16	79.57	32.01	13.9	15.29
Operating Income	-98.03	-78.16	-79.57	-32.01	-13.9	-15.29
Interest & Investment Income	16.04	16.69	6.2	0.25	0.08	0.68
Currency Exchange Gain (Loss)	0.3	0.3	0.1	-0.2	-	-
Other Non Operating Income (Expenses)	-0.57	0.03	-1.89	-0.11	-0.06	0.01
EBT Excluding Unusual Items	-82.26	-61.15	-75.17	-32.07	-13.88	-14.59
Gain (Loss) on Sale of Investments	0.1	0.1	-	-	-	-
Other Unusual Items	4.67	6.8	25.43	0.84	-	-
Pretax Income	-77.49	-54.25	-49.74	-31.23	-13.88	-14.59
Income Tax Expense	-1.1	-0.85	1.26	0.03	0.01	0.11
Net Income	-76.39	-53.4	-50.99	-31.26	-13.89	-14.7
Net Income to Common	-76.39	-53.4	-50.99	-31.26	-13.89	-14.7
Shares Outstanding (Basic)	320	315	288	61	61	10
Shares Outstanding (Diluted)	320	315	288	61	61	10
Shares Change (YoY)	1.91%	9.28%	371.94%	0.51%	494.54%	-
EPS (Basic)	-0.24	-0.17	-0.18	-0.51	-0.23	-1.44
EPS (Diluted)	-0.24	-0.17	-0.18	-0.51	-0.23	-1.44
Free Cash Flow	-81.77	-72.18	-61.15	-38.94	-11.99	-16.96
Free Cash Flow Per Share	-0.26	-0.23	-0.21	-0.64	-0.20	-1.66
EBITDA	-90.53	-72.62	-76.98	-30.34	-12.2	-14.37
D&A For EBITDA	7.51	5.54	2.6	1.66	1.71	0.92
EBIT	-98.03	-78.16	-79.57	-32.01	-13.9	-15.29

Source: S&P Capital IQ. Standard template. Financial Sources.